BYD

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BYD is China's largest new energy vehicle (NEV) maker and one of the world's largest battery makers.
Founded: Feb 1995
Founder: Wang Chuanfu
Ticker: HKG: 1211
HQ: Shenzhen
2024 revenue: RMB 777.10 billion
Website: byd.com
  • BYD to begin construction of 543 MWh energy storage system in Las Vegas in Q2

    BYD has launched the deployment of the project, which will begin construction in the second quarter and is expected to be in commercial operation by the end of the year.

  • BYD Jan sales breakdown: Song 49,865 units, Yuan 23,231 units

    Sales of BYD's main budget models fell less because they have accumulated relatively more orders, analysts said.

  • BYD's NEV sales fall to 151,341 units in Jan, ending 10-month streak of growth

    BYD's NEV sales ended a 10-month streak of growth, as the Chinese New Year holiday took its toll on sales.

  • BYD starts selling EVs in Japan, first model Atto 3

    The BYD Atto 3 costs about $33,800 in Japan, cheaper than Tesla and Nissan EVs, and deliveries are expected to start there around March.

  • BYD's Q4 net profit expected to be 10 times higher than year-ago quarter

    This represents a year-on-year increase of 1013 percent-1179 percent, and a quarterly increase of 17 percent-35 percent.

  • BYD orders 2 vehicle carriers from local shipbuilder Guangzhou Shipyard International

    The order is BYD's first for car carriers, each capable of carrying up to 7,000 vehicles.

  • Buffett sells about 1.06 million additional BYD shares on Jan 3

    Buffett first reduced his BYD holdings on August 24, 2022, and has sold off a total of 7 times since then.

  • BYD starts building its own car testing site with anti-seasonal testing capabilities

    The testing site is expected to cover an area of 4 million square meters, with a total investment of RMB 2 billion ($293 million), and be operational in June 2024.

  • BYD starts construction of new $1.5 billion battery base

    The first phase of the project, with an investment of RMB 5 billion, is expected to start production in December.

  • BYD officially launches Yangwang brand, debuts hardcore off-road SUV U8 and supercar U9

    The two models are built on Yangwang's e⁴ platform, the first mass-produced four-motor independent drive technology platform in China.